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Risk Governance Officer

Job in Johannesburg, 2000, South Africa
Listing for: Old Mutual
Full Time position
Listed on 2026-02-27
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Compliance, Regulatory Compliance Specialist
Job Description & How to Apply Below

Description

Role

Purpose:

An exciting opportunity exists for two experienced Risk Governance & Reporting Managers to strengthen and support the Group Risk function at Old Mutual Limited (OML).

The purpose of this role is to contribute specialist expertise to the design, enablement, and ongoing improvement of enterprise‑wide risk governance and reporting practices across the Group. The role supports the consistent, proportionate, and defensible application of Enterprise Risk Management (ERM) frameworks, methodologies, policies, systems, and reporting, ensuring that risk management enables effective decision‑making rather than compliance‑driven execution.

The role plays a key part in ensuring that risk governance frameworks, risk information, and risk insights are aligned to regulatory expectations, risk appetite, and Board requirements, and remain fit‑for‑purpose in a complex and evolving business environment.

Role Overview:

The Risk Governance & Reporting Officers will operate at the centre of the Group’s Integration & Governance (I&G) function within OML Group Risk.

Working in a Line 2 environment, the role provides exposure to enterprise‑wide risk governance architecture, senior stakeholders, and Board‑level governance processes. The role operates across all I&G focus areas, spanning the development and application of risk governance frameworks and standards, the evolution and consistent application of ERM methodology, the delivery of Group‑level risk reporting and insights, the effective use of risk systems and data, and the enablement of strong risk understanding and capability across the organisation, including support for relevant training and awareness initiatives.

The role is ideally suited to professionals with strong risk governance experience who can operate with high judgement, independence, and credibility at Group level.

Key Result Areas / Outputs

The Risk Governance & Reporting Manager will work closely with Risk Partners, Line 1 stakeholders, policy owners, subject matter experts (SMEs), and the broader Risk and Assurance community to enable consistent, high‑quality risk governance and reporting outcomes across the Group.

Acting as a Group‑level governance and reporting specialist within Group Risk (Line
2), the role provides independent oversight, technical guidance, and constructive challenge to ensure that risk governance practices, methodologies, systems, and reporting outputs are clear, consistently applied, decision‑useful, and aligned to regulatory expectations, risk appetite, and Board requirements.

The role plays a critical part in delivering Board‑ready risk reporting, defensible governance artefacts, and forward‑looking risk insight that supports effective executive and Board‑level decision‑making across the Group.

Key Responsibilities (KRAs)

  • Enable and maintain the Group ERM framework and risk governance standards, ensuring alignment with the Group Governance Framework (GGF), regulatory expectations, and risk appetite.

  • Support the consistent and proportional application of ERM methodology across the Group, including risk assessment approaches, risk matrices, KRIs, and aggregation practices.

  • Promote consistent interpretation of inherent and residual risk assessments, supporting comparability, aggregation, and credible enterprise‑wide risk views.

  • Support custodianship of the Group Risk Policy Framework, including governance standards, rollout, ongoing monitoring, and policy attestation processes.

  • Partner with Line 1 policy owners and SMEs to enable effective adoption of risk governance requirements, providing guidance and oversight while maintaining Line 2 independence.

  • Deliver and enhance Group‑wide risk reporting and insights for executive and Board‑level forums, incorporating trends, drivers, appetite performance, and emerging risks.

  • Support the effective use and ongoing improvement of ERM systems and risk data, contributing to system configuration alignment, data quality, reporting enablement, and analytical capability.

  • Contribute to the enablement of strong risk understanding and capability across the organisation, including the development and facilitation of relevant training,…

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